NOT LISTED FOR SALE

118 Washington Ave Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $521,458 - $656,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold October 23, 2019

Last sale price $325,000

Est. 83% increase in value since last sale

Current estimated payment $3,749/month

24 Days on Market

About This Home

As of October 2019

This home is located at 118 Washington Ave, Elizabeth, NJ 07202 since 06 April 2019 and is currently estimated at $596,365. This property was built in 1900. 118 Washington Ave is a home located in Union County with nearby schools including Elizabeth High School and JVJ STEM Academy - School No. 92.

Last Agent to Sell the Property

Grisela Flores

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 04/06/2019

Last Buyer's Agent

WADIAH GADALLAH

REALTYMARK SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,521

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,521

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • I D: 4885653
  • Attribution Contact: 908-445-5339
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
Oct 23, 2019
Sold by
118 Wallflower Llc
Bought by
Ghattas Rashad R and Shinod Magda F
Seller's Agent
Grisela Flores
FLOROSTONE REALTY INC.
Buyer's Agent
WADIAH GADALLAH
REALTYMARK SELECT
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Current Estimated Value
$596,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,365
Avg. Annual Appreciation
10.61%
Original Mortgage
$314,153
Outstanding Balance
$276,605
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$319,760

Purchase Details

Closed on
May 22, 2018
Sold by
Ynna Top Investment Llc
Bought by
118 Wallflower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,050
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2010
Sold by
Samra Jacob
Bought by
Ynna Top Investment Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
Shemesh Eran
Bought by
Samra Jacob

Purchase Details

Closed on
Oct 25, 2007
Sold by
A L Homes Llc
Bought by
Shemesh Eran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Al Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Antico Nicky
Bought by
Washington Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,750
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Sunshine Homes Inc
Bought by
Antico Nicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
5.71%

Purchase Details

Closed on
Aug 16, 2004
Sold by
Ross Moses
Bought by
Sunshine Homes Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ghattas Rashad R $325,000 Mega Title Llc
118 Wallflower Llc $210,000 1St Rate Title & Settlements
Ynna Top Investment Llc -- Investors Title & Abstract A
Samra Jacob $80,000 Investors Title & Abstract
Shemesh Eran $500,000 United General Title Ins Co
Al Homes Llc $210,000 United General Title Ins Co
Washington Joyce $447,500 --
Antico Nicky $370,000 --
Sunshine Homes Inc $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghattas Rashad R $314,153
Previous Owner 118 Wallflower Llc $256,050
Previous Owner Shemesh Eran $400,000
Previous Owner Al Homes Llc $189,000
Previous Owner Washington Joyce $402,750
Previous Owner Antico Nicky $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $325,000 -6.9% --
04/30/2019 04/30/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $349,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,521 $390,900 $134,500 $256,400
2024 $7,920 $390,900 $134,500 $256,400
2023 $7,920 $25,200 $6,600 $18,600
2022 $7,706 $25,200 $6,600 $18,600
2021 $7,547 $25,200 $6,600 $18,600
2020 $7,376 $25,200 $6,600 $18,600
2019 $7,264 $25,200 $6,600 $18,600
2018 $7,193 $25,200 $6,600 $18,600
2017 $6,992 $25,200 $6,600 $18,600
2016 $6,993 $25,200 $6,600 $18,600
2015 $6,577 $25,200 $6,600 $18,600
2014 $6,380 $25,200 $6,600 $18,600
Source: Public Records

Agents Affiliated with this Home

  • Grisela Flores

    Seller's Agent in 2019

    Grisela Flores

    FLOROSTONE REALTY INC.

    (908) 220-7865

    3 in this area

    154 Total Sales

    Grisela Flores
    Section Image

  • W

    Buyer's Agent in 2019

    WADIAH GADALLAH

    REALTYMARK SELECT

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Map

Source: Garden State MLS

MLS Number: 3546761

Garden State MLS

APN: 04-00006-0000-01476

New Jersey Union County Elizabeth 07202 Bayway

118 Washington Ave, Elizabeth, NJ

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